Comment Dustbot Project (Score 1) 1
Link to project site (English / Italian): http://www.dustbot.org/index.php?menu=home
Link to project site (English / Italian): http://www.dustbot.org/index.php?menu=home
In 2006, in The Black Swan [ 16 ]
Globalization creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other words it creates devastating Black Swans. We have never lived before under the threat of a global collapse. Financial Institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks - when one fails, they all fall. The increased concentration among banks seems to have the effect of making financial crisis less likely, but when they happen they are more global in scale and hit us very hard. We have moved from a diversified ecology of small banks, with varied lending policies, to a more homogeneous framework of firms that all resemble one another. True, we now have fewer failures, but when they occur
...I shiver at the thought.
The government-sponsored institution Fannie Mae, when I look at its risks, seems to be sitting on a barrel of dynamite, vulnerable to the slightest hiccup. But not to worry: their large staff of scientists deem these events "unlikely".
Does the same apply to a cancerous limb? [...] Some traumatic memories eat away at your mental health.
You raise a good point. Now I feel bad for choosing that metaphor
Nowadays, amputation is mostly used as a last resort, when other treatments failed, or were not applied properly, or the cancer/gangrene/infection spreads so fast there is no time to do otherwise.
Every rule has exceptions, so I guess there would be some circumstances where erasing an especially traumatizing memory would be the last viable option. I am rather concerned that, like other practices, this one could become a choice of mere convenience.
There are other considerations, that bring us further away from the "medical" metaphor. Let's consider a crime: the victim could have his/her memory erased, but what about the culprit? The perpetrator would remember the crime - and the victim - while the victim would have no memory of either.
Would that be fair? Should the memory of the culprit be erased too, provided that he/she were apprehended? Before or after the punishment? If both the victim and the perpetrator have no memory of the crime, did the crime really happen?
Then, again: what if several people share the same traumatic experience, but some of them do *not* want their memory removed? How would that affect both the "erased" and the "not-erased" ones?
IMHO if this were to become a common practice, it is going to raise a lot of debate.
"It is better for civilization to be going down the drain than to be coming up it." -- Henry Allen